Vishwaraj Sugar to raise funds through IPO
date:Jan 22, 2013
Vishwaraj Sugar Industries proposes to enter into capital market and aims to raise R374 Cr through the book-building route.

The Company proposes to expand its integrated production facility situated in Belgaum District from the proceeds of the proposed public issue.

Ashika Capital Limited is the sole Book Running Lead Manager to the issue.

The expansion plan involves increasing the sugarcane crushing capacity from 5500 TCD to 11000 TCD, expansion of distillery capacity from 65KLPD to 100KLPD,
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